Zito Luks Reports Non-Consolidated Earnings Results for the Year 2019

Zito Luks AD Skopje is a Macedonia-based company engaged in the food processing industry. The Company produces and distributes flour, bread and bakery products, including a variety of croissants, cookies, little pizzas, donuts, as well as frozen pastry products and sweets. Zito Luks AD Skopje operates a chain of bakery shops and restaurants. It is also engaged in the distribution of Elbisco's products imported from Greece. As of December 31, 2011, the Company's majority stakeholder was Elbisco Holding SA, based in Greece, with a 53.79% stake in the capital. In April 2013, the Company's parent entity changed its name to Elbisco Industrial & Comercial SA.